The Wall Street Journal reports: Former Attorney General John Ashcroft approached XM Satellite Radio in the days after the merger was announced offering the firm his consulting services, according to a spokesman for XM. The spokesman said XM declined Mr. Ashcroft’s offer to work as a lobbyist for the company.
Mr. Ashcroft was subsequently hired by the National Association of Broadcasters, which is fiercely opposed to the merger. On its behalf he conducted a review of the effects on competition if the two satellite radio companies were allowed to merge and concluded the merger would have a significant negative impact on competition in the market and urged the current attorney general to withhold approval for the merger.
That tells you just about all you need to know about our former Attorney General.